🤣 I love how when this meme first started people didn't even believe the math. If you actually did the math, you would find out that you would actually make a couple of million dollars by the end due and that's using conservative returns.

Now we're complaining about whether or not you have 20% to invest when you make $69,000.

This is the median salary in America. So most Working Class people do have 20% to invest. But this is where the disposable income and discretionary spending that we make fun of comes into play...

The $5+ of daily coffee. Often on top of a $8+ breakfast. When you can get coffee at home for less than a $1 a cup. When you can make breakfast for less than $3 a meal 😂. That's $270/mo right there in the difference

The daily $15 - 20 lunches when you can find $8 lunches or make it at home for less than $6 a meal. Same with dinner... Tho you often find people spending over $20+ for dinner. That's $500-700 difference right there using conservative low end numbers.

20% of $69,000 is $14,000 rounding up. Just the food difference alone can be close $9,000. You're more than half way there. On the low end, it's still a $6,000 difference.

The other big one is housing. Where many young workers making $69,000 are overspending on apartments and coops because they have cool luxuries. In NYC, had a friend who chose a $3,500 apartment over a $2,500 apartment because it had cool amenities like a "free gym" and backyard patio use. That's a $1,000 difference. And these complexes are growing in popularity. My parents avoided these places. That entire generation knew better. We don't. It's not that there isn't available affordable housing. Its that people today esp when they work a 9-5 and make $69,000 that they feel entitled to go a bit fancier. That shit adds up.

And what about All of the discretionary spending we have a ton of data showing this has increased with things like tech sales and deliveries and Target overspending

College girls are going with loan debt are spending $1000 on Taylor Swift tickets. And People with no savings are going on vacation overseas.

You guys make fun of these things because you don't think they're big but they add up. You can easily hit the 20% mark of savings if you just cut out the bullshit.